Discover the perfect opportunity to build your dream home on this oversized quarter-acre lot in the heart of Bonita Springs, Florida. This prime piece of real estate is ideally situated just 3 miles from the pristine beaches of the Gulf of Mexico, offering you the chance to enjoy sun-soaked days and breathtaking sunsets with ease. As the westernmost buildable lot in the area, this property provides a unique and coveted location that is sure to impress.
Convenience is at your doorstep with a variety of shopping and dining options nearby, ensuring that you have everything you need within reach. Whether you’re looking to explore local boutiques, indulge in gourmet cuisine, or simply enjoy a leisurely stroll through the charming streets of Bonita Springs, this lot places you in the center of it all.
One of the standout features of this property is its favorable FEMA Zone “X” designation, which means no flood insurance is required. This not only provides peace of mind but also adds significant value to your investment. Imagine the possibilities as you design and build your custom home in this desirable location, free from the concerns of flood risks.
Don’t miss out on this rare opportunity to own a piece of paradise in Bonita Springs. With its exceptional location, ample space, and proximity to the beach, this vacant lot is the perfect canvas for creating your ideal Florida lifestyle. Act now and make your dream a reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,017 |
Total Monthly Payment | $1,666 | $1,665 | $2,092 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.